Deluxe Corporation Appoints Barry McCarthy President, Chief Executive Officer and Member of the Board of Directors - Seite 2

“I have tremendous respect for Deluxe, its incredible customer base, strong corporate values and its highly talented employees. I am excited about the many growth opportunities ahead,” said Mr. McCarthy. “As the pace of technological change accelerates, Deluxe’s customers require ever more sophisticated solutions. I look forward to working with the great Deluxe team to drive innovation and to deliver advanced products and services to support our customers’ growth. I am confident this will drive value for shareholders, extending and accelerating the transformation already underway.”

“I am extremely proud of all that our talented and dedicated team at Deluxe has accomplished and the strategic and financial foundation we have laid for future transformational growth,” said Mr. Schram. “I know Barry has the experience and leadership capabilities to drive this great company forward. I look forward to helping in the transition of leadership to Barry and supporting Deluxe’s continued success.”

At First Data and other leading companies, and as an entrepreneur, Mr. McCarthy has built and launched dozens of successful new products across industries and revitalized the growth of Fintech businesses. His accomplishments include:

• Developing the best-selling point-of-sale terminals for small business payment acceptance, generating $1 billion in total lifetime revenue for First Data.
• Revitalizing First Data’s Financial Service credit/debit card businesses and APAC merchant payments business.
• The launch and expansion of check-on-file payment solutions at First Data/TeleCheck.
• Spearheading a historic collaboration between First Data and Apple to launch ApplePay.
• Founding and building a micro-payment company that aggregated small payments with similar functionality as iTunes Checkout today, which through successive transactions, is now owned by Digital River.
• Consolidating Verisign’s multiple internet/e-commerce payment gateways and leading the business to profitability before its acquisition by PayPal.
• Expanding STAR to become a full-service debit network, and increasing participation by more than 30%.

Mr. McCarthy began his career in product development, sales and marketing at Procter & Gamble. He earned an MBA from the Kellogg School of Management at Northwestern University and attended the University of Illinois. He has served as a Director of a number of community organizations, including Junior Achievement of Georgia, The Woodruff Arts Center, Catholic Charities and FinTech Atlanta, where he supported the creation of the University of Georgia’s FinTech Academy.